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Consolidation -- Trial Balance Query

in General Ledger & Intercompany 2 comments

Summary:

Consolidation -- Trial Balance Query

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Business created Primary ledger, Secondary ledger in different currency, reporting currency ledger, Consolidation Ledger.

Now we are uploading TB in Primary Ledgers. So system would create journal automatically in Secondary ledger. We can translate into reporting currency and consolidate right? Is it right process?

(or) Do I need to load TB journal in Consolidation ledger?

As we have uploaded GL Daily Rates(Period average, period End) and historical rates in system before loading TB in primary ledger.

Pls suggest best way or business practise.

Version (include the version you are using, if applicable):

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